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TITLE 54 PROFESSIONS, VOCATIONS, AND BUSINESSES
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CHAPTER 20 IDAHO REAL ESTATE LICENSE LAW
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IDAHO STATUTES AND CODES
CHAPTER 20 IDAHO REAL ESTATE LICENSE LAW
54-2001 SHORT TITLE.
54-2002 LICENSURE REQUIRED.
54-2003 EXCEPTIONS TO LICENSURE -- ACTIVE LICENSEES -- TRANSACTIONS INVOLVING PERSONAL PROPERTY.
54-2004 DEFINITIONS.
54-2005 THE IDAHO REAL ESTATE COMMISSION.
54-2006 QUALIFICATIONS OF COMMISSIONERS, TERM AND ORGANIZATION.
54-2007 COMPENSATION, POWERS AND DUTIES OF COMMISSION.
54-2008 ESTABLISHMENT OF IDAHO REAL ESTATE EDUCATION COUNCIL.
54-2009 COUNCIL APPOINTMENT, QUALIFICATIONS AND TERM.
54-2010 COMPENSATION.
54-2011 TYPES OF LICENSES.
54-2012 MINIMUM REQUIREMENTS FOR AN INDIVIDUAL PRIMARY IDAHO LICENSE.
54-2013 ERRORS AND OMISSIONS INSURANCE.
54-2014 LICENSE EXAMS.
54-2015 INDIVIDUALS ACTIVELY LICENSED IN ANOTHER STATE OR JURISDICTION SEEKING PRIMARY IDAHO LICENSURE.
54-2016 PRIMARY IDAHO LICENSES FOR LEGAL BUSINESS ENTITIES, SOLE PROPRIETORSHIPS AND BRANCH OFFICES -- ADDITIONAL REQUIREMENTS.
54-2018 LICENSE RENEWALS -- INACTIVE LICENSE STATUS -- PERSONAL CHANGES -- EFFECTIVE DATES -- FEES NONREFUNDABLE.
54-2019 DENIAL OF LICENSE APPLICATIONS.
54-2020 FEES.
54-2021 DISPOSITION OF FUNDS.
54-2022 REAL ESTATE EDUCATION -- PRELICENSE REQUIREMENTS.
54-2023 CONTINUING EDUCATION REQUIREMENTS.
54-2024 PURPOSE OF CERTIFICATION.
54-2025 CERTIFICATION REQUIREMENTS.
54-2026 CERTIFICATION OF COURSE PROVIDERS.
54-2027 DUTIES AND REQUIREMENTS OF ALL CERTIFIED COURSE PROVIDERS.
54-2028 TERM OF PROVIDER CERTIFICATION AND RENEWAL.
54-2029 NOTICE OF POTENTIAL EXPIRATION OF CERTIFICATION.
54-2030 EXPIRATION OR WITHDRAWAL OF PROVIDER CERTIFICATION -- NOTICE TO STUDENTS.
54-2031 WITHDRAWAL OF IDAHO CERTIFICATION FOR CAUSE -- PROCESS.
54-2032 CERTIFICATION OF INSTRUCTORS.
54-2033 INSTRUCTOR QUALIFICATIONS.
54-2034 SPECIAL CONSIDERATION -- DISCRETION OF THE COMMISSION.
54-2035 TERM OF INSTRUCTOR CERTIFICATION AND RENEWAL.
54-2036 CERTIFICATION OF COURSES AND COURSE CONTENT.
54-2037 TERM OF COURSE CERTIFICATION AND RENEWAL.
54-2038 DESIGNATED BROKER -- GENERAL RESPONSIBILITIES.
54-2039 BROKER AND BRANCH OFFICE MANAGER ABSENCES AND CHANGES.
54-2040 MAIN OFFICE OR BUSINESS LOCATION.
54-2041 TRUST ACCOUNTS AND ENTRUSTED PROPERTY.
54-2042 CREATION OF NONINTEREST-BEARING TRUST ACCOUNTS -- REQUIREMENTS.
54-2043 INTEREST-BEARING TRUST ACCOUNTS.
54-2044 TRUST ACCOUNT RECORDKEEPING -- FORMAT OF RECORDS REQUIRED.
54-2045 TRUST ACCOUNT DEPOSITS AND RECEIPT OF CONSIDERATION.
54-2046 TRUST ACCOUNT DISBURSEMENTS.
54-2047 DISPUTED EARNEST MONEY.
54-2048 RESPONSIBLE BROKER FOR THE TRANSACTION -- DUTIES AND RECORDKEEPING.
54-2049 RECORD RETENTION SCHEDULES.
54-2050 BROKERAGE REPRESENTATION AGREEMENTS -- REQUIRED ELEMENTS.
54-2051 OFFERS TO PURCHASE.
54-2052 ELECTRONICALLY GENERATED AGREEMENTS.
54-2053 ADVERTISING.
54-2054 COMPENSATION, COMMISSIONS AND FEES -- PROHIBITED CONDUCT.
54-2055 LICENSEES DEALING WITH THEIR OWN PROPERTY.
54-2056 TERMINATING OR CHANGING LICENSED BUSINESS RELATIONSHIPS.
54-2057 DEATH OR INCAPACITY OF A DESIGNATED BROKER.
54-2058 AUTHORITY TO INVESTIGATE AND DISCIPLINE.
54-2059 DISCIPLINARY POWERS -- REVOCATION, SUSPENSION OR OTHER DISCIPLINARY ACTION.
54-2060 GROUNDS FOR DISCIPLINARY ACTION.
54-2061 ADDITIONAL GROUNDS FOR DISCIPLINARY ACTION -- COURT ACTIONS -- LICENSEE TO REPORT TO COMMISSION.
54-2062 ADDITIONAL GROUNDS FOR DISCIPLINARY ACTION -- OTHER ADMINISTRATIVE ACTIONS -- LICENSEE TO REPORT TO COMMISSION.
54-2063 DISCIPLINARY PROCEDURE AND REVIEW OF AGENCY ACTION.
54-2064 PROOF OF COMPLAINT -- PROSECUTION BY COUNTY PROSECUTING ATTORNEY.
54-2065 PENALTY FOR ACTING AS A BROKER OR SALESPERSON WITHOUT LICENSE.
54-2066 INJUNCTIVE RELIEF.
54-2067 CEASE AND DESIST ORDERS.
54-2068 WITNESSES -- DEPOSITIONS -- FEES -- SUBPOENAS.
54-2069 REAL ESTATE RECOVERY FUND ESTABLISHED.
54-2070 AUGMENTATION OF FUND.
54-2071 RECOVERY FROM FUND -- PROCEDURE -- GROUNDS -- AMOUNT -- HEARING.
54-2072 COMMISSION MAY ANSWER PETITION -- COMPROMISE OF CLAIMS.
54-2073 COURT ORDER REQUIRING PAYMENT FROM RECOVERY FUND.
54-2074 AUTOMATIC SUSPENSION OF BROKER'S, ASSOCIATE BROKER'S OR SALESPERSON'S LICENSE ON PAYMENT BY COMMISSION -- CONDITION FOR LICENSE REINSTATEMENT.
54-2075 ORDER OF PAYMENT OF CLAIMS IF RECOVERY FUND BALANCE INSUFFICIENT -- INTEREST.
54-2076 COMMISSION'S RIGHT TO SUBROGATION.
54-2077 WAIVER OF RIGHTS.
54-2078 DISCIPLINARY ACTION AGAINST LICENSEES NOT RESTRICTED FOR VIOLATIONS OF LAW OR RULES.
54-2079 TERMINATION OF SALES ASSOCIATE FOR VIOLATION OF DISCIPLINARY PROVISIONS -- STATEMENT TO BE FILED WITH COMMISSION.
54-2080 RECORDS -- DISCLOSURE TO PUBLIC.
54-2082 SHORT TITLE.
54-2083 DEFINITIONS.
54-2084 BROKERAGE AGENCY RELATIONSHIPS -- CREATION.
54-2085 DISCLOSURE AND WRITING REQUIREMENTS -- AGENCY DISCLOSURE BROCHURE AND REPRESENTATION CONFIRMATION.
54-2086 DUTIES TO A CUSTOMER.
54-2087 DUTIES TO A CLIENT.
54-2088 LIMITED DUAL AGENCY AND ASSIGNED AGENCY PERMITTED.
54-2089 BROKER COMPENSATION.
54-2090 WRITTEN OFFICE POLICY REQUIRED.
54-2091 DURATION OF AGENCY RELATIONSHIP.
54-2092 DUTIES AND OBLIGATIONS OWED AFTER TERMINATION OF REPRESENTATION.
54-2093 VICARIOUS LIABILITY ABOLISHED.
54-2094 REPRESENTATION NOT FIDUCIARY IN NATURE.
54-2095 CONFLICTS WITH OTHER LAW.
54-2096 SEVERABILITY.
54-2097 RULEMAKING AUTHORITY OF THE COMMISSION.
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